GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,900,000
$ 4,444,000 34.7%
Est. payment | /mo
$ 2,900,000
$ 4,444,000 34.7%
Est. payment | /mo
Key Details
Sold Price $2,900,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24160179
Sold Date 05/29/25
Property Sub-Type Lots/Land
Property Description
A premier redevelopment opportunity located close to Disneyland, Disney Resort District, Anaheim Convention Center, numerous hotels, restaurants/night life, attractions, and the 5 Freeway. The aggregate total square footage of the two buildings is approximately 3,851 with the lot size 37,026-square feet. This offering represents an excellent opportunity for a retail, medical, developer, owner/user/investor to purchase a highly visible property situated at the four-way signalized intersection of Anaheim Boulevard and Cerritos Avenue. The property is located across from the Anaheim Marketplace, Bravo Night Club, and surrounded by newly developed luxury condos to the south, brand-new luxury apartment buildings to the north, and very short distance to The Viv Hotel and 5 Freeway (0.2 miles). The seller has received offers over the past few years from national retailers to lease the site, however, they wanted to continue operating the liquor store business, leasing the property to the existing tenants, and collecting parking fees from the sports arena located across the street. Three tenants occupy the premises which include Stadium Liquor, Georges Best Burgers, and a recycling company which occupies 250 square feet of land located behind the liquor store. The longest lease on the premises expires in roughly 3.5 years (potentially shorter), sufficient time for a developer to plan for redevelopment of the property. Please contact Brett Cervantes for an Offering Memorandum/rent roll. Originally built in 1930, the buildings are constructed of wood frame and stucco, offers restrooms
Location
State CA
County Orange
Direction 5 Freeway, exit Katella Avenue, head north on Anaheim Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 08218546
Listed by Brett Cervantes Paul Kott Realtors, Inc.
Bought with Brett Cervantes Paul Kott Realtors, Inc.
Bought with Brett Cervantes Paul Kott Realtors, Inc.
"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."